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Showing posts with the label Extracorporeal Membrane Oxygenation Machine Market

Extracorporeal Membrane Oxygenation Machine Market Projected to Gain Significant Value through 2032

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In 2022, the global extracorporeal membrane oxygenation machine market was valued at US$ 531 million. It is expected to maintain a steady compound annual growth rate of 5% from 2022 to 2032, reaching a valuation of US$ 908 billion by the end of the period. The market has been expanding due to recent advancements in ECMO systems, including the miniaturization of components like hollow pumps used in surgeries and the increased use of ECMO in critically ill patients. The use of ECMO devices has become increasingly widespread in various healthcare settings due to its ability to support patients in life-threatening situations where other forms of care have failed. Oxygenators and heparin-coated cannulas are emerging trends in the market. Government organizations, such as GOLD, have also been advocating for the use of ECMO procedures to treat chronic obstructive lung disease and raise awareness of its benefits, positively influencing adoption trends. Furthermore, supportive government polic...

Extracorporeal Membrane Oxygenation Machine Market Analysis and Forecast by 2032

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The global Extracorporeal Membrane Oxygenation Machine Market was worth $531 million in 2021 and is predicted to rise at a steady CAGR of 5% from 2022 to 2032, reaching a valuation of US$ 908 million by the end of 2032. Recent developments in extracorporeal membrane oxygenation systems market  innovations such as miniaturization of ECMO components like hollow pumps, which are used in various surgeries, aids in the transportation of critically ill patients, thereby increasing the   ECOM systems market size. As per the ECOM systems market study, the rising use of ECMO has sparked technological advancements in extracorporeal membrane oxygenation machines of which oxygenators and heparin-coated cannulas are two major emerging trends in the ECOM systems market. The study finds that extracorporeal membrane oxygenation devices are used in life-threatening situations when other forms of supportive care have failed. Furthermore, the use of ECMO in variou...